5 Valuable Startups Launched By Students

Students are known to be very resourceful in terms of their creative minds. There are many great ideas which have been generated by college students and managed to turn out as successful. Read more...

Students are known to be very resourceful in terms of their creative minds. There are many great ideas which have been generated by college students and managed to turn out as successful. Some of the students even ended up dropping out of college in order to make their ideas a reality. That tells you that if you have a valuable idea, do not shy off from executing the idea because you might just turn out to be the next Bill Gates or the next Mark Zuckerberg.

There are a good number of world class enterprises which have been started by college student. The stories will take you through the most successful and valuable startups that have been launched by student. From their humble student quarters, they have managed to create something that the entire world is able to relate to. Their inventions have been identified to be very influential and popular among users across the world. The best part is that they were also able to create some of the most profitable startups in the planet.

If you are looking to launch a startup business while still in college, you can borrow a leaf from this 5 successful entrepreneurs who did not stop at anything until when they realized their dreams.

1. Microsoft

Childhood friends, Paul Allen and Bill Gates are the co-founders of Microsoft which started in 1975. The pair were total computer geeks in an age when any access to computers was hard to come by. Allen and Gates skipped classes to live and breathe in their school’s computer room. Eventually, they hacked the school’s computer but instead of expulsion, the duo were offered unlimited computer time in exchange for helping to improve the computer’s performance. Bill Gates and Paul Allen even ran their own small company called Traf-O-Data and sold a computer to the city of Seattle for counting city traffic.

Education: Harvard University
Revenue: $79.3Billion/$17.5B
Market Cap: $342.51B
Enterprise Value: $281.27B

2. Facebook

Mark Zuckerberg, 23, founded Facebook while studying psychology at Harvard University. A keen computer programmer, Mr Zuckerberg had already developed a number of social-networking websites for fellow students, including Coursematch, which allowed users to view people taking their degree, and Facemash, where you could rate people’s attractiveness. In February 2004 Mr Zuckerberg launched “The facebook”, as it was originally known; the name taken from the sheets of paper distributed to freshmen, profiling students and staff. Within 24 hours, 1,200 Harvard students had signed up, and after one month, over half of the undergraduate population had a profile.

Education: Harvard University
Revenue: $12.47B
Market Cap: $211.16B
Enterprise Value: $222.1B

3. Yahoo
Yahoo! had humble beginnings with founders Jerry Yang and David Filo starting it as a pass time experiment. In 1994, both Jerry and David were pursuing graduation in electrical engineering from Stanford University. They created a website called ‘Jerry’s guide to the World Wide Web’ which was basically a directory that listed most of the websites listed on the internet. It had sub categories under which users could find useful sites they were looking for. They renamed the site as ‘yahoo.com’ in January 1995. The term ‘Yahoo’ stood for ‘Yet Another Hierarchical Officious Oracle’.

Yahoo! became an instant success as it received close to a million views in a short time from its official launch. Yahoo! is one of the two biggest Internet companies in the world with nearly 650 million unique users visiting their website every month. It started off a web directory but has progressed to include categories like news, mail, finance, maps, sports and much more. It has become a mini universe where people can find all the resources they need to work on the internet.

Education: Stanford University
Revenue: $4.62B
Market Cap: $40.94B
Enterprise Value: $34.21B

4. Reddit

Reddit was founded by University of Virginia roommates Steve Huffman and Alexis Ohanian in 2005. Reddit  is an entertainment, social networking, and news website where registered community members can submit content, such as text posts or direct links, making it essentially an online bulletin board system.

Education: University of Virgina
Users: 174M
User Countries: 186
Enterprise Value: $240M

5. WordPress
Matt Mullenweg is the founding developer of WordPress, a free and open-source blogging tool and a content management system (CMS). WordPress is the most popular blogging system in use on the Web,[7] at more than 60 million websites. WordPress was born out of a desire for an elegant, well-architectured personal publishing system built on PHP and MySQL and licensed under the GPL.

Education: University of Houston
Enterprise Value: $1.16B
Users: 48% of Top 100 blogs use wordpress: CNN, Mashable, Ebay e.t.c
Enterprise Value: $240M

Watch the start-up story of Slum To School founder, Otto Orondaam’s of how he started an organization that aims to provide access to education to children from remote, impoverished communities.